PC_2023_E_05 - Public Consultation on the ACER Decision on harmonised allocation rules for long-term electricity transmission rights

Status
Upcoming
Policy area
Electricity, Forward capacity allocation
Audience
Interested stakeholders in the EU and EEA
Open:
26.06.2023
Close:
24.07.2023

Contact information

Overview

Europe’s long-term electricity market relies on so-called long-term transmission rights (LTTRs), which allow market participants to hedge their exposure across bidding zones. The allocation of the LTTRs is currently not coordinated across different borders, which leads to inefficiencies in some capacity calculation regions (CCRs).

On 1 March 2023, ACER received the Transmission System Operators’ (TSOs’) proposal for the amendment of the Harmonised Allocation Rules (HAR) for long-term electricity transmission rights, mainly to allow for their long-term flow-based allocation. In addition to this proposal, all TSOs will submit to ACER their proposal for amending the HAR provisions on collaterals by 1 June 2023.

Amending the rules will allow the implementation of two projects for long-term flow-based capacity calculation and allocation in the Core and the Nordic capacity calculation regions. The HAR revision is the final step needed for the implementation of these projects, following the approval of the single allocation platform, the congestion income distribution and sharing costs incurred to ensure firmness and remuneration of long-term transmission rights on 22 March 2023.

The dates for the opening of the public consultation are approximate.

Why we are consulting

In order to make an informed and inclusive decision, ACER will collect inputs from stakeholders.

Consultation documents

Next steps

ACER will decide on both proposals for amending the rules in a single procedure by 27 October 2023.